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Sidetracking is an advanced technique of drilling in which a new lateral is drilled from an existing well that has poor productivity due to mechanical damage at a particular well site. Wells generally require sidetracking to re-drill the well to a new target.
According to our (Global Info Research) latest study, the global Sidetracking market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report is a detailed and comprehensive analysis for global Sidetracking market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Sidetracking market size and forecasts, in consumption value ($ Million), 2018-2029
Global Sidetracking market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Sidetracking market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Sidetracking market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Sidetracking
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Sidetracking market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Baker Hughes Co., Equinor ASA, Eurasia Drilling, Halliburton and Nabors Industries, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Sidetracking market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Onshore
- Offshore
Market segment by Application
- Oil
- Natural Gas
- Others
Market segment by players, this report covers
- Baker Hughes Co.
- Equinor ASA
- Eurasia Drilling
- Halliburton
- Nabors Industries
- National Oilwell Varco
- Odfjell Drilling
- Schlumberger
- Weatherford International plc
- Yantai Jereh Oilfield Services Group Co. Ltd.
Market segment by regions, regional analysis covers
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
- South America (Brazil, Argentina and Rest of South America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Sidetracking product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Sidetracking, with revenue, gross margin and global market share of Sidetracking from 2018 to 2023.
Chapter 3, the Sidetracking competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Sidetracking market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Sidetracking.
Chapter 13, to describe Sidetracking research findings and conclusion.